Charleys Philly Steaks vs Red Rock Chili Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Charleys Philly Steaks vs Red Rock Chili Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Charleys Philly Steaks Franchise
Red Rock Chili Company Franchise
Investment $253,231 - $637,568$215,500 - $394,000
Franchise Fee $24,500$25,000
Royalty Fee 6%6%
Advertising Fee 0.25%-
Year Founded 19862002
Year Franchised 19912004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K$2.5K


Business Experience Requirements

 
Charleys Philly Steaks Franchise
Red Rock Chili Company Franchise
Experience
  • General business experience

  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    Charleys Philly Steaks Franchise
    Red Rock Chili Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Charleys Philly Steaks Franchise
    Red Rock Chili Company Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicksCo-op advertising, Regional advertising
    Operations

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    100%% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 13

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)


    Expansion Plans

     
    Charleys Philly Steaks Franchise
    Red Rock Chili Company Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Charleys Philly Steaks

    Visits to his relatives near Philadelphia inspired Charley Shin's entrepreneurial spirit, and he saw his future in cheesesteak sandwiches. In 1986, Shin opened his first Charley's Steakery at Ohio State University. The then-22-year-old's restaurant became an instant hit with professors and students. Since then Shin has expanded to locations nationwide. In 1999, he was named Entrepreneur of the Year by Ernst & Young.

    The #1 Cheesesteak in the World

    The total investment necessary to begin operation of CPS Restaurant is $253,231 to $570,540 (excluding real estate and related costs). This includes $24,500 that must be paid to the franchisor.
    The total investment necessary to begin operation of a CPSC Restaurant is $458,996 to $637,568 (excluding real estate and related costs). This includes $24,500 that must be paid to the franchisor.

    Veteran Incentives   50% off franchise fee

    ""  "Entrepreneur
    #126 in Franchise 500 for 2020.
    #294 in Franchise 500 for 2021.







    About Red Rock Chili Company

    NO LONGER FRANCHISING

    Red Rock Chili is sustenance that warms the spirit.

    Despite the fact that stew is an American staple, there aren't a mess of spots that offer a wide assortment of decisions. Red Rock Chili Company expects to fill in that executioner downtime between bean stew cook-offs for bean stew darlings by offering eight sorts every day, serving them twelve diverse courses, including on a wiener, spaghetti, rice, a heated potato and nachos. Then again you can get it in a bowl yet once you see the diverse ways they serve it it\'s impossible that you\'ll pick the last mentioned. In the event that bean stew isn\'t your thing they additionally have chicken sandwiches and 3 astounding soups.

    About Us

    Created from an energy to cook and with more than 40 years of eatery experience, Red Rock Chili Co. opened its Newport Beach, California entryways in 2002. Established via Carol and Paul Collis, Red Rock Chili Co. is a dinning background that is healthy, wholesome and genuinely extraordinary.

    Red Rock Chili concentrates essentially on a bowl of incredible tasting bean stew. It is a yearning, an enthusiasm, a fixation for a stewed mix of meat and bean stew peppers whose particular smell makes a permanent engraving on the faculties.

    Uncommon blends of flavors, herbs, peppers and even chocolate are utilized to upgrade the "simple" approach, offering clients extraordinary esteem, assortment and taste.

    Indeed, even the words "Red Rock Chili" can energize to a bean stew darling, for it summons the recollections of a dish that warms the heart and grasps the body in an air of hot fulfillment.